ELF Beauty Inc (ELF)

Current ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Total current assets	US$ in thousands	—	477,077	303,325	193,029	170,144
Total current liabilities	US$ in thousands	—	299,115	107,976	65,017	73,331
Current ratio		—	1.59	2.81	2.97	2.32

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —

The current ratio of ELF Beauty Inc has shown a generally positive trend over the years, starting at 2.32 on March 31, 2021, increasing to a peak of 2.97 on March 31, 2022, and then slightly decreasing to 2.81 on March 31, 2023. However, there was a significant decline in the current ratio to 1.59 on March 31, 2024. This decrease may indicate potential liquidity concerns or an imbalance between current assets and current liabilities. Unfortunately, there is no data available for March 31, 2025 to provide further insights. ELF Beauty Inc should closely monitor its current ratio and ensure it maintains a healthy level to meet its short-term obligations effectively.